Quote from: Questat on November 24, 2024, 03:29:29 PM

Quote from: tvplus006 on November 24, 2024, 11:19:47 AM

Quote from: Tineen on November 23, 2024, 08:54:47 AM

I think you gave solid advice. When I first started trading, I stuck to one simple strategy and spent time learning the basics—like how the market moves, managing risk, and not letting emotions mess up my decisions. Trying to juggle multiple strategies as a beginner would’ve been way too overwhelming and probably led to more losses than gains. It’s better to get comfortable with the fundamentals first, then slowly branch out when you’ve got a handle on things.

No matter what trading strategy you use, as long as it allows you to make a profit, it should not be changed. Using a large number of different strategies will not lead to even greater profit, most likely the trader will simply get confused in their use.

Exactly. It doesn’t matter even if you only have one or two strategies, as long as they’re continue working on you, that’s worth keeping. You don’t actually need to acquire a lot of strategies and develop all of them. You are the one trading, not your strategies, so you should develop well yourself as a trader first before you rush into learning different strategies. One or two is good enough, and just upgrade them when they start to lose their utility case.

You are the ones who would really be able to discover it on which on the moment or time that you do deal up with trading specially on this unpredictable and volatile space then it will really be just that too impossible that you wont be coming up with different strategies on which this is something that you will really be able to formulate or finding out for yourself on what are the relevant strategies that you do need on a specific
market condition or situation. We do know that when it comes into this aspect on which it will be also depends on what kind or type of trader you are because if you are a scalper then you will really be needing much of specific strategies on dealing prices on short term timeframes, whereas it will really be that lesser when you are on doing swing trades or even just simply making some selling on yearly or monthly basis.
Every movement and decisions you are making will significantly needing up some strategies and not really that making yourself that just simply sticking into one because market movements comes with different
variations on which it is that needing up some different approach as well.